Fed Decision in July?

KPMatchCombined volume $132.3MCloses 3d
Updated 4 min ago

Compare odds on Fed Decision in July?

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Best Yes
Best No
Details
82% implied probability
17% implied probability
0% implied probability
1% implied probability
1% implied probability
1% implied probability
0% implied probability

Venue details

Volume, depth, close times, and each venue's trading-fee metadata (same values we use in the comparison above). Hover a fee cell for the venue's full fee wording.

Venue
Volume
24h vol
Depth
Closes
Fee
$95.0M
$2.9M
Deep
Jul 29, 2026
5%
$37.3M
$517.3K
Deep
Jul 29, 2026
7%
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Contract Rules: Fed Decision in July?

Raw venue wording can differ even when titles match. Kalshi often shows one representative contract when rules vary by outcome—open the venue for the full set.

PPolymarket
Shared · 5 outcomes
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Description

The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal funds range are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve to the amount of basis points the upper bound of the target federal funds rate is changed by versus the level it was prior to the Federal Reserve's July 2026 meeting. If the target federal funds rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps) The resolution source for this market is the FOMC’s statement after its meeting scheduled for July 28-29, 2026 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. The level and change of the target federal funds rate is also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm. This market may resolve as soon as the FOMC’s statement for their July meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.

Closes
Jul 29, 2026
KKalshi
Representative · 5 outcomes

For Fed maintains rate

View contract

Description

If the Federal Reserve does a Hike of 0bps on July 29, 2026, then the market resolves to Yes.

Resolution

This market is mutually exclusive. Therefore, if the Federal Reserve hikes by 50bps, the 50bps market will resolve to Yes and the 25bps market will resolve to No. Only one bucket, at maximum, can resolve to Yes. Note 4/28/25: For the markets beginning after the May meeting, if a scheduled FOMC meeting is canceled and does not occur on its scheduled date, then the strike for "Fed maintains rate" will resolve to Yes and all others will resolve to No.

Closes
Jul 29, 2026
Resolves
Jul 29, 2026
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